Europe's vacation is "Now Over"

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Lets just hope it doesn't turn out like the Greek Protests where Tear gas was used and people got burned alive in a Bank. Yes its gonna hurt your standard of living but its the only way to pay your debt. Your government gave you a better standard of living than u deserved by borrowing from your future. Now is the time to pay for that careless spending.

I can not understand how anyone can attach the word recovery to the trading actions of a few days. Portugal, Spain, Greece are still in the economic crapper, nothing has changed. If the term recovery applies here, then these countries have been in a depression of unmeasurable scale up until now. Nothing wrong with phrase "glass half empty or half full" as long as you remember you can drown on a half empty glass